TRUSTEE’S NOTICE OF SALE
TS No. OR07000004-16-1 APN 22E35D 01000 TO No 8599022 Reference is made to that certain Trust Deed made by, HOWARD J WALDRON as Grantor to NEXTITLE, A TITLE & ESCROW CO as Trustee, in favor of MORTGAGE ELECTRONIC REGISTRATION SYSTEMS, INC. (“MERS”), as designated nominee for HIGHTECH LENDING INC., Beneficiary of the security instrument, its successors and assigns, dated as of June 13, 2013 and recorded on June 18, 2013 as Instrument No. 2013-042315 and the beneficial interest was assigned to Reverse Mortgage Solutions, Inc. and recorded March 21, 2016 as Instrument Number 2016-018055 of official records in the Office of the Recorder of Clackamas County, Oregon to-wit: APN: 22E35D 01000 PARCEL I: PART OF THE SOUTH HALF OF THE SOUTH HALF OF SECTION 35, TOWNSHIP 2 SOUTH, RANGE 2 EAST, OF THE WILLAMETTE MERIDIAN, SITUATE IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON, MORE PARTICULARLY DESCRIBED AS FOLLOWS, TO WIT: BEGINNING AT THE INTERSECTION OF THE EAST LINE OF JOHN FERGUSON ROAD NO. 509 AND THE NORTH LINE OF WALKERS MILL ROAD NO. 199; THENCE NORTH 11° 50` WEST ALONG THE EAST LINE OF SAID FERGUSON ROAD 200 FEET TO THE TRUE PLACE OF BEGINNING, THENCE FROM SAID TRUE PLACE OF BEGINNING EAST PARALLEL WITH THE NORTH LINE OF SAID WALKERS MILL ROAD 200 FEET; THENCE NORTH 11° 50` WEST PARALLEL WITH THE EAST LINE OF FERGUSON ROAD 350 FEET; THENCE WEST PARALLEL WITH THE NORTH LINE OF WALKERS MILL ROAD 200 FEET TO THE EAST LINE OF FERGUSON ROAD; THENCE SOUTH 11° 50` EAST ALONG SAID EAST LINE 350 FEET TO THE TRUE PLACE OF BEGINNING. PARCEL II: A PART OF SECTION 35, TOWNSHIP 2 SOUTH, RANGE 2 EAST, OF THE WILLAMETTE MERIDIAN, IN THE COUNTY OF CLACKAMAS AND STATE OF OREGON, DESCRIBED AS FOLLOWS: BEGINNING AT THE INTERSECTION OF THE EAST LINE OF JOHNSON FERGUSON ROAD NO. 509 AND THE NORTH LINE OF WALKERS MILL ROAD NO. 199; THENCE NORTH 11° 50` WEST ALONG THE EAST LINE OF SAID FERGUSON ROAD 200 FEET TO THE SOUTHWEST CORNER OF THAT CERTAIN TRACT CONVEYED TO WILBUR C. BIERMAN AND VIRGINIA BIERMAN, HUSBAND AND WIFE, BY DEED RECORDED JANUARY 28, 1958, IN BOOK 535, PAGE 562, DEED RECORDS; THENCE EAST PARALLEL WITH THE NORTH LINE OF SAID WALKERS MILL ROAD NO. 199, 200 FEET; THENCE NORTH 11° 50″ WEST PARALLEL WITH THE EAST LINE OF SAID FERGUSON ROAD 350 FEET TO THE NORTHEAST CORNER OF THAT CERTAIN TRACT CONVEYED TO WILBUR C. BIERMAN AND VIRGINIA BIERMAN, BY DEED RECORDED DECEMBER 7, 1959, IN BOOK 564, PAGE 764, DEED RECORDS; THENCE SOUTH 89°37` EAST TO A POINT IN THE WEST LINE OF THAT CERTAIN TRACT DESCRIBED IN CONTRACT OF SALE BETWEEN ROY J. SIDOR AND HELEN SIDOR, HUSBAND AND WIFE, AND NORMAN A. BJOSKAAS AND ROMAYNE E. BJONSKAAS, HUSBAND AND WIFE, RECORDED JUNE 27, 1969, FEE NO. 69 12020; THENCE SOUTH 540 FEET TO THE NORTH LINE OF SAID WALKERS MILL ROAD; THENCE NORTH 89°25` WEST ALONG SAID NORTH LINE, 264.25 FEET TO THE PLACE OF BEGINNING. Commonly known as: 17930 S FERGUSON ROAD, OREGON CITY, OR 97045 Both the Beneficiary, Reverse Mortgage Solutions, Inc., and the Trustee, Nathan F. Smith, Esq., OSB #120112, have elected to sell the said real property to satisfy the obligations secured by said Trust Deed and notice has been recorded pursuant to Section 86.735(3) of Oregon Revised Statutes. The default for which the foreclosure is made is the Grantor’s failure to pay: Failed to pay the principal balance which became all due and payable based upon the failure to pay taxes and/or insurance By this reason of said default the Beneficiary has declared all obligations secured by said Trust Deed immediately due and payable, said sums being the following, to-wit: The sum of $173,538.00 together with interest thereon from June 30, 2013 until paid; and all Trustee’s fees, foreclosure costs and any sums advanced by the Beneficiary pursuant to the terms of said Trust Deed. Wherefore, notice is hereby given that, the undersigned Trustee will on August 22, 2016 at the hour of 11:00 AM, Standard of Time, as established by Section 187.110, Oregon Revised Statues, at the arbor & water feature located immediately on the north side of the Clackamas County Courthouse steps, 807 Main Street, Oregon City, OR 97045 County of Clackamas, sell at public auction to the highest bidder for cash the interest in the said described real property which the Grantor had or had power to convey at the time of the execution by him of the said Trust Deed, together with any interest which the Grantor or his successors in interest acquired after the execution of said Trust Deed, to satisfy the foregoing obligations thereby secured and the costs and expenses of sale, including a reasonable charge by the Trustee. Notice is further given that any person named in Section 86.753 of Oregon Revised Statutes has the right to have the foreclosure proceeding dismissed and the Trust Deed reinstated by payment to the Beneficiary of the entire amount then due (other than such portion of said principal as would not then be due had no default occurred), together with the costs, Trustee’s or attorney’s fees and curing any other default complained of in the Notice of Default by tendering the performance required under the obligation or Trust Deed, at any time prior to five days before the date last set for sale. Without limiting the Trustee’s disclaimer of representations or warranties, Oregon law requires the Trustee to state in this notice that some residential property sold at a Trustee’s sale may have been used in manufacturing methamphetamines, the chemical components of which are known to be toxic. Prospective purchasers of residential property should be aware of this potential danger before deciding to place a bid for this property at the Trustee’s sale. In construing this notice, the masculine gender includes the feminine and the neuter, the singular includes plural, the word “Grantor” includes any successor in interest to the Grantor as well as any other persons owing an obligation, the performance of which is secured by said Trust Deed, the words “Trustee” and “Beneficiary” includes their respective successors in interest, if any. Dated: April 4, 2016 By: Nathan F. Smith, Esq., OSB #120112 Successor Trustee Malcolm & Cisneros, A Law Corporation Attention: Nathan F. Smith, Esq., OSB #120112 c/o TRUSTEE CORPS 17100 Gillette Ave, Irvine, CA 92614 949-252-8300 FOR SALE INFORMATION PLEASE CALL: In Source Logic at 702-659-7766 Website for Trustee’s Sale Information: www.insourcelogic.com. Order No. OR16-000147-1, Pub Dates 05/11/2016, 05/18/2016, 05/25/2016, 06/01/2016.
Published May 11, 18, 25 & June 1, 2016.